Zonta Club of Newport Harbor Foundation

Analysis

Zonta Club of Newport Harbor Foundation is a registered charity in United States, based in Costa Mesa, CA. It received its IRS tax-exemption ruling in June 2014, 12 years ago. Its declared purposes cover philanthropy, voluntarism and grantmaking foundations, which this site groups under grant-making and general purposes. The IRS classifies it as a publicly supported organisation (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending May 2023, Zonta Club of Newport Harbor Foundation reported income of $118k and spending of $115k, spending 98% of its income. Across the 2 years on record, from May 2020 to May 2023, income grew from $27k to $118k (+337%), an average of +337% a year. The sharpest change came in the year to May 2023, when income rose by 337%. Over the whole period it spent 139% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Zonta Club of Newport Harbor Foundation sits at the 46th percentile: it is larger than about 46% of them. Against every charity in United States with reported income it ranks in the 41st percentile, and in the 43rd percentile within CA. Charities of a similar size with the same main cause include Mediapolis Education Foundation ($118k), Jacksonville Care Channel for the Needy Inc ($118k) and Naa Amerley Palm Education Foundation ($118k).

On its Form 990 for the period ending May 2023, revenue came from contributions and grants 30% of the total. At year end it held assets of $1.1m against liabilities of $3,118, net assets of $1.1m.